PROGRESSIVE CORP/OH/
Close on Oct 19, 2026
- Market cap
- $128.00B
- P/E (TTM)
- 11.0
- Dividend yield
- 6.34%
About Progressive
Fire, Marine & Casualty Insurance, SIC 6331
The Progressive Corporation is an insurance holding company providing property and casualty insurance products and related financial services across Personal Lines and Commercial Lines segments. Its Personal Lines segment provides policies for personal automobiles, residential properties including homeowners and renters, and recreational vehicles such as motorcycles and watercraft. The Commercial Lines segment writes auto liability, physical damage, commercial property, general liability, and transportation-focused workers' compensation insurance. Progressive serves individual vehicle owners, homeowners, renters, small business owners, contractors, and freight and transportation network operators through direct digital and telephone channels, as well as independent agents and brokerages.
Progressive operates throughout the United States, with insurance subsidiaries licensed in all fifty states, the District of Columbia, Bermuda, and Canadian provinces. Domestic subsidiaries maintain domiciles across Florida, Illinois, Indiana, Louisiana, Michigan, New Jersey, New York, Ohio, Texas, and Wisconsin. Its nationwide footprint encompasses an independent network of more than 40,000 agencies, nearly 6,000 Platinum agents, about 4,700 third-party repair shops, physical claims offices, and corporate facilities. The provided text does not state a specific corporate headquarters city or address.
Summary of the business section of Progressive's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PROGRESSIVE CORP/OH/
- Founded
- 1937
- Headquarters
- Mayfield Village, OH
- Address
- 300 North Commons Blvd. 44143
- Phone
- (440) 461-5000
- Website
- www.progressive.com
- Employees
- 70,000, Dec 31, 2025
- Industry
- Fire, Marine & Casualty Insurance
- Incorporated in
- Ohio
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Cleveland, Ohio
Stock & identifiers
- Ticker
- PGR
- Exchange
- NYSE
- Shares outstanding
- 581M, Jul 2, 2026
- Public float
- $155.91B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 4-for-1, May 19, 2006; 3-for-1, Apr 23, 2002; 3-for-1, Dec 9, 1992; 9-for-4, May 27, 1986; 3-for-2, May 28, 1985; 3-for-2, May 16, 1983; 3-for-2, Jun 8, 1981; 3-for-2, Sep 23, 1980
- SEC CIK
- 80661
- CUSIP
- 743315103
- ISIN
- US7433151039
- LEI
- 529900TACNVLY9DCR586
- EIN
- 34-0963169
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Susan Patricia Griffith | President and CEO, Director | 573,473 |
| Steven Broz | Chief Information Officer | 30,032 |
| Lori A. Niederst | Chief Personal Lines Officer | 42,776 |
| Andrew J. Quigg | VP and Chief Financial Officer | 42,595 |
| Heather E. Day | CRM President | 18,895 |
| Jonathan S. Bauer | Chief Investment Officer | 30,548 |
| Daniel J. Witalec | Chief Strategy Officer | 4,166 |
| Patrick K. Callahan | Personal Lines President | 36,707 |
| David M. Stringer | Vice Pres, Secretary and CLO | 5,351 |
| John Jo Murphy | Claims President | 56,466 |
| William L. Clawson II | Chief Human Resources Officer | 25,487 |
| Karen Bailo | Commercial Lines President | 32,348 |
| Carl G. Joyce | Chief Accounting Officer | 889 |
| Maribel Pumarejo | Chief Marketing Officer | 1,049 |
| John P. Sauerland | VP and Chief Financial Officer | 243,892 |
| Remi Kent | Chief Marketing Officer | 21,577 |
| Mariann Wojtkun Marshall | Chief Accounting Officer | 12,338 |
| Pamela J. Craig | Director | 8,956 |
| Barbara R. Snyder | Director | 13,193 |
| Roger N. Farah | Director | 2,011 |
| Charles A. Davis | Director | 250,933 |
| Philip Bleser | Director | 1,145 |
| Lawton W. Fitt | Director | 12,482 |
| Jeffrey D. Kelly | Director | 22,546 |
| Dyke Kahina Van | Director | 14,285 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mrs. Griffith | $17.71M | $25.77M | $4.78M | $254 | $229 |
| FY2024 Mrs. Griffith | $16.38M | $61.14M | $4.34M | $262 | $209 |
| FY2023 Mrs. Griffith | $15.64M | $49.00M | $4.06M | $173 | $155 |
| FY2022 Mrs. Griffith | $12.75M | $48.47M | $3.17M | $141 | $140 |
| FY2021 Mrs. Griffith | $14.46M | $26.40M | $3.67M | $111 | $118 |
| FY2020 Mrs. Griffith | $15.22M | $52.84M | $3.58M | $141 | $106 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had about 70,000 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 11, 1997 | Deregistration | Termination of SEC registration (Form 15) |